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About Mossie

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  1. Get your point. Although as we're friends to them, I would really like it if they only had a £70K mortgage debt. And for them to have a £20K cash-lump to go with it, even if the mortgage terms meant could only pay £7K of it toward overpayment. All those scenarios you set out are pretty good. Low debt, cash lumps, and having your own home to live in. No paying up to a BTL landlord. They really had enough of renting and decided to put down all their savings and buy a house that they can live in and raise their family. The choice they made. Just a basic house. All being we
  2. Friends are 1 year into what I think is a 25 year mortgage, but they are seeking to clear early, and mortgage terms allow for a 10% overpayment per year. They've not overstretched financially, although were it not for BTL and HPI stupidity, well they would be living in a much nicer home today. They've had to settle for something fairly basic. USA.
  3. Agreed. Not just blaming immigration, but also total silence about the millions of BTL landlords and the 5 million properties they've bought up over 20 years. Gen Rent gets given HTB. All the woe about the 'HPC'/'crunch' of 2008-09 and . How "what is best is to just have house prices rise with inflation" after they stopped house prices falling (QE/zirp) and global QE and not stopping the BTL landlords to go on another frenzy of buying up more properties. I don't know if Section 24 is enough. I'm involved on these matters, not just because I have been really negatively affected by
  4. You've called me out as one of the main-name BTLers from another forum. Then one of the other BTL contributors from another BTL forum. I only care about the housing/BTL issues. Not any BTLer. I don't own a home and never have. BTLers have bought so many houses I have gone to view down the years, to turn into rental properties with them as landlords. Buying at prices beyond my budget and renting the houses out. On the thread in question (BTL Scum Regrouping And On the Offensive) you were slipping in theories about BTLers as 'mainstream' and BTLers "not thinking" about what they
  5. Some sneaky sneaks, are sneaky sneaky. Hopefully HMRC's own systems, and CONNECT are far more powerful, can piece a lot more together, and can pick up on things like this into Section 24 times. disenfranchised recently posted this on another thread, and I fully agree with it. Yet I would add it goes far beyond politicians. There are so many rotten, corrupt and selfish individuals in the system - including BTLers. Having the party of party time, and all-about-them. Whereas honest and GenRent are expected to always carry it. And they human-shield against any turn o
  6. Yeah well, that's just like your opinion man. And a few other grouchy types who don't understand the deeper issues and didn't see what I was seeking to push back against, on a thread where they expect to read BTLers being trippy about all things S24. I have to hold that other people understand my position on many a point I held the line on. Low standard of contributions? This from someone who believes that BTL Regrouping thread is only to criticise and have fun about BTLers with 10+ BTLs. And who has special excuses for those BTLers who have recently gone hard into BTL for 1 prop
  7. Ah yes Neverwhere. That image is from BTVS (Buffy The Vampire Slayer) and the spooky entities which take the voices from people. Neverwhere, I notice you're quite active and insistent on labelling me a troll on another part of the forum, during the last few days. That doesn't trouble me very much, because you continue to also make informative, balanced and honest conclusion posts about BTL and BTLers that I entirely agree with. My HPC honest and pure intentions will shine through eventually to most readers, as I keep plugging away with good contributions in the future - or as
  8. All sounds good to me. Agree that many grievances could be down to national policies. Didn't highlight the banker part though. Many bankers just trying to earn a living and doing their job. It's certainly not the fault of a housing priced- out banker who, who rents from a BTLer, if a BTLer comes in with an application for a BTL loan. Gov makes BTL legal, and finance is going to compete. It depends on the type of banker and what they've done. However I do know that all the BTLers had a choice and they they are with their BTLs. Also S24 has come in to trap the most greedy of t
  9. Same here. Regardless if there are some other rules in force, it seems it can help HMRC have more powers against rogue 'lodger' claiming BTLers; whether that's with 'just 1 BTL' or 10+ BTLs.. https://www.accountingweb.co.uk/community/industry-insights/hmrc-crack-down-on-abuse-of-rent-a-room-relief
  10. HMRC are set to tighten rules around Rent a Room relief, and lodgers. How they will enforce it I have no idea, but surely they wouldn't bring it if they didn't believe they can. I hope it can be used to catch BTLers of multiple houses playing 'lodger' games, instead of ASTs.
  11. Some know for certain that I am no troll. Argumentative and passionate about the issues? Yes. Troll, no. Depends what you mean. There have been many fulfilling gains during my time reading HPC that I wouldn't do differently. I feel real sadness about many things around years of BTLers and BTL. And I feel lot of sadness for those who don't make honest conclusions about BTL and BTLers. "Just these multiple owning BTLer - but not my BTLers who need a pass for advertising and mainstream." I'm not in the slightest bit affected by some criticism of me on the threa
  12. Read something similar, and the top investor saying that with stockmarket investing what matters is being able to see and read the main trends. To have the patience. Resisting the urge to react to all the day to day noise, and not to trade day-in day-out. Although none of it has served me well tbh. House price bubbles and BTLers. Full on Global Central Bank QE and zirp. Even worse house price bubbles and BTLers.
  13. Would like to see/find data on whether more homes are coming to market. Express said it was new record lows March 2018. Just finding myself reading a few more stories where a BTL landlord is selling up, but then it seems still buyer viewer interest at price being asked.
  14. There's a brilliant thread here where Kibuk won compensation. I haven't read it for some time but I learned a lot from it. Wasn't claiming it was about 'forum-bravado'. Just empathy for the position Sausage is in as a tenant, and the jump rent rise the BTLer wants to impose. I know a BTLer who got a tenant in straight away for £50pm when tenant hoped they would back down. Tenant power isn't that easy when you're actually in such a situation of a BTLer seeking their 'more money' rent-rise. This BTLer came around seeking more money, to a renting HPCer. And the other post
  15. +1 Sausage. BTL and BTLers. The damage that is done in BTL people-farming. It's just a lot easier to post about tenant-power than for some tenants to tenant to do it. Yes, seemingly some power to me power to claim about deposit protection at some point. Doesn't solve the BTLer and their eagerness to bump the rent up some... was it £75pm? Even with some really difficult problems and disrepair, some tenants feel have to put up with them, not cause a fuss, self-repair where possible. Settled. Children at school. Some tenants don't want to feel like causing trouble by e
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